Credit Unions Chartered In The State Of Michigan
Traverse City, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $17,795,248↑42% | $12,527,027↑32% | $346,552,080↑1% | |
| 2022 | $12,556,006↑5% | $9,525,692↑14% | $344,647,354↑4% | — |
| 2021 | $11,959,829↑6% | $8,343,991↓13% | $332,481,629↑19% | — |
| 2020 | $11,309,058↑4% | $9,643,221↑9% | $279,941,839↑21% | — |
| 2019 | $10,899,094↑5% | $8,842,554↑8% | $231,267,119↑6% | — |
| 2018 | $10,364,334↑13% | $8,213,505↑9% | $218,594,615↑6% | — |
| 2017 | $9,171,648↑8% | $7,517,735↑13% | $205,341,026↑7% | — |
| 2016 | $8,488,205↑10% | $6,648,154↑9% | $191,325,200↑10% | — |
| 2015 | $7,691,815↑8% | $6,075,377↑12% | $174,661,281↑9% | — |
| 2013 | $7,139,922↓5% | $5,437,023↑3% | $160,011,259 | — |
| 2012 | $7,525,661↓5% | $5,285,953↓8% | $159,423,365↑9% | — |
| 2011 | $7,948,093 | $5,733,171 | $146,751,427 | — |
Frequently Asked Questions
What does Credit Unions Chartered In The State Of Michigan do?▼
Credit Unions Chartered In The State Of Michigan is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Credit Unions Chartered In The State Of Michigan financially healthy?▼
Based on our 9-metric Financial Health Score model, Credit Unions Chartered In The State Of Michigan has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Credit Unions Chartered In The State Of Michigan generate?▼
Credit Unions Chartered In The State Of Michigan reports $20.8M in annual revenue and holds $368.9M in total assets, based on IRS filings.
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